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gribgo
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July 10, 2015, 06:53:05 PM |
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Thanks. Today's explorer charts show that sub-0.003 POS difficulties are still possible. Still seeing a downtrend in pos diff right now, it went below .002 earlier. Yes we can see 0.0019xx diff floor If there is someone - who has any weight > must unlock the wallet for POS to catch this moment  peace |
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aSmallChild666
Newbie
 Offline
Activity: 45
Merit: 0
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July 11, 2015, 04:58:42 AM |
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Thanks. Today's explorer charts show that sub-0.003 POS difficulties are still possible. Still seeing a downtrend in pos diff right now, it went below .002 earlier. Yes we can see 0.0019xx diff floor If there is someone - who has any weight > must unlock the wallet for POS to catch this moment peace Nope, went below 0.0018 already. My patience may yet pay off. |
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TimSweat
Sr. Member
Offline
Activity: 392
Merit: 250
TimSweat
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July 11, 2015, 08:52:53 AM |
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I like this coin and always have , i have some staking in a staking pool online since i have a cap on my internet . but have done very well on the amount i deposited for staking and will let it continue to stake . at least till the price goes up more .
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gribgo
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July 11, 2015, 09:34:32 AM |
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I like this coin and always have , i have some staking in a staking pool online since i have a cap on my internet . but have done very well on the amount i deposited for staking and will let it continue to stake . at least till the price goes up more .
Hi! Where do you stake your coins? Thank you |
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gribgo
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July 12, 2015, 10:32:49 AM |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
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walkdev
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July 12, 2015, 10:41:54 AM
Last edit: July 12, 2015, 10:55:52 AM by walkdev |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer 2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...) |
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gribgo
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July 12, 2015, 11:22:42 AM |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer 2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...) So does it make the stake larger? or it only speeds up the payout when wallet is open? thank you |
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walkdev
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July 12, 2015, 11:29:39 AM |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer 2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...) So does it make the stake larger? or it only speeds up the payout when wallet is open? thank you Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available) |
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crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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July 12, 2015, 07:52:43 PM |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer 2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...) So does it make the stake larger? or it only speeds up the payout when wallet is open? thank you Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available) I think 30 days is a stake period, regardless of the block size. |
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Azkhabar
Member
Offline
Activity: 108
Merit: 10
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July 12, 2015, 08:20:02 PM |
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I think 30 days is a stake period, regardless of the block size.
The 30 days are the time to get your coins mature. If your wallet is unlocked when the 30 days are over your can stake right away if you have a big block or it can takes a few hours or days is your blocks are smalls. The hint being to unlock the wallet when the difficulty is lower in order to get a better reward %. For this you can check the wonderful site Presstab has done (will we ever thank you enough?  ): http://www.presstab.pw/phpexplorer/TEK/index.php |
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Libertymind
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July 13, 2015, 07:21:48 AM |
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Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace
1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer 2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...) So does it make the stake larger? or it only speeds up the payout when wallet is open? thank you Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available) I think 30 days is a stake period, regardless of the block size. Well done explanation. Thank you for sharing. |
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gribgo
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July 13, 2015, 06:46:06 PM
Last edit: July 13, 2015, 10:26:13 PM by gribgo |
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Hi! tekmen
Is there good online staking pool for tek that pays tek?
thak you!
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Libertymind
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July 13, 2015, 10:12:10 PM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. |
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defaced
Legendary
Offline
Activity: 2184
Merit: 1011
Franko is Freedom
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July 13, 2015, 10:27:32 PM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. I cant keep mine out of my wallet long enough to trade. STAKE BABY! |
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Libertymind
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July 13, 2015, 10:31:03 PM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. I cant keep mine out of my wallet long enough to trade. STAKE BABY! LOL I don't know another wallet that can stake half as well as this one. On time and multiple simultaneous stakes like a beast. |
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solarion
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July 14, 2015, 06:29:36 AM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. I cant keep mine out of my wallet long enough to trade. STAKE BABY! LOL I don't know another wallet that can stake half as well as this one. On time and multiple simultaneous stakes like a beast. Did new guy just quote himself and then comment on his own laughter? ^^^ Anyway yeah...TeK is a steady stream of staking goodness. |
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Libertymind
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July 14, 2015, 10:06:04 PM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. I cant keep mine out of my wallet long enough to trade. STAKE BABY! LOL I don't know another wallet that can stake half as well as this one. On time and multiple simultaneous stakes like a beast. Did new guy just quote himself and then comment on his own laughter? ^^^ Anyway yeah...TeK is a steady stream of staking goodness. Sanity is optional. |
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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July 15, 2015, 12:35:52 AM |
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I don't know about you guys, but I've been riding the Tek rebound wave, getting regular 13% on my trades. Its sweet. I cant keep mine out of my wallet long enough to trade. STAKE BABY! LOL I don't know another wallet that can stake half as well as this one. On time and multiple simultaneous stakes like a beast. Did new guy just quote himself and then comment on his own laughter? ^^^ Anyway yeah...TeK is a steady stream of staking goodness. Sanity is optional. I cry bullshit. Sanity is strictly forbidden in crypto!  |
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aSmallChild666
Newbie
Offline
Activity: 45
Merit: 0
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July 18, 2015, 12:35:06 AM |
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Wow, 8th most traded on Cryptsy today. Go TEK!!
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